Browsing: Canada

Climate change is increasingly affecting property insurance in Canada, influencing real estate development and investment decisions across the country.

Home insurance prices in Canada have risen by 25% on average, attributed to inflation and increased climate-related disasters.

Slide Insurance Holdings Inc.’s successful Nasdaq debut has sparked renewed investor optimism in the insurtech space, but raises questions about the feasibility of replicating this success in Canada.

Insurance Business Canada releases its annual 5-Star Claims awards, highlighting top insurers in claims handling for brokers and clients

Hub International Limited (HUB) has introduced HUB Forestry Select Insurance, a specialized program designed to address the unique insurance needs of Canada’s forestry sector, offering coverage for industry-specific risks and tailored support.

Recent LIMRA study reveals Canadian life insurance trends, with whole life products driving market growth

Travelers Companies signs deal to sell Canadian business to Definity Financial for $2.4 billion

Travelers Cos. Inc. has agreed to sell its Canadian personal insurance business and most of its Canadian commercial insurance business to Definity Financial Corp. for approximately $2.4 billion.

US insurance giant Travelers is set to offload its personal and commercial lines business in Canada to Definity in a $2.4 billion deal, marking a significant move in the property casualty market.

Travelers Cos. Inc. agrees to sell its Canadian personal and most commercial insurance businesses to Definity Financial Corp. for approximately $2.4 billion.